General Motors Company is gearing up for an all-electric future as the automaker announced Friday that it is investing $760 million in its Toledo, Ohio, plant as it prepares the plant to produce powertrains for future GM EV trucks.

The automaker has been active in the past few months as it prepares for what is expected to be a massive transition to electric vehicles. Friday’s announcement is the latest in a series of developments that show GM is aggressively targeting the electric vehicle market.

GM’s CFO claimed that the automaker is achieving “point of applicationยป in increasing production of electric vehicles as it worked to become a leader in the production of battery cells.

The company’s (Ultium Cells) joint venture with LG Energy has four battery cell plants planned, one to open in each of the next four years, the first in Ohio started production earlier this month.

After the release of the long-awaited Chevy Equinox EVfrom $30,000, according to GM, the automaker introduced their plans to provide “electric vehicles for everyone,” including SUVs, crossovers, luxury cars, pickup trucks, and more.

Still, many people question GM’s ability to keep up with demand after disappointing electric vehicle sales as production continues to face setbacks.

In September, GM launched several initiatives to make its vision a reality. On September 15, GM announced that it would invest half a billion in to modernize its stamping plant in Indiana to be able to support future electric vehicles. And then, on September 20, GM indicated that it would stand for new EPA standards to accelerate EV adoption.

GM’s announcement Friday that it will upgrade its Ohio plant to prepare it to produce powertrains for electric vehicles is another step in the right direction as the automaker looks to deliver on its promise to make electric cars for everyone.

Chevy Silverado EV RST Source: Chevy

GM is upgrading a plant in Ohio to produce electric drives

GM’s 2.8 million square foot facility in Toledo, Ohio produces transmissions for several iconic GM models. The plant will now be the automaker’s first U.S. facility to convert to electric vehicle-related products.

In accordance with press releasethe upgrade will prepare the facility to manufacture Electric Drive Units (EDU) for GM EV trucks such as GMC Hummer EVGMC Sierra EV and Chevy Silverado EV.

Gerald Johnson, GM’s executive vice president of global manufacturing and sustainability, talks about how the new investment benefits both the plant’s workers and the automaker, saying:

Our team in Toledo has a long and proud history of building great products, and they’ve worked hard to earn this investment. This investment helps create job security for our team in Toledo for years to come and is the next step on our journey to an all-electric future.

Construction is scheduled to begin this month. The team in Toledo will continue to produce powertrains, while increasing its ability to produce powertrains for its electric vehicle models. The plant currently has about 1,500 employees, but GM says the investment will “engage employees in the company’s EV transformation.”

Electrek’s Take

GM is making a lot of big promises in its campaign to provide “electric cars for everyone.” To have this type of capacity would require a large amount of manufacturing capacity.

Several announcements from GM this month indicate the automaker is taking steps to ease the company’s transition. Will he be able to fulfill his goals? This will be a key question going forward as GM comes under the microscope for its aggressive EV campaign.

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https://electrek.co/2022/09/23/gm-invests-760m-ohio-plant-build-drive-units-ev-trucks/

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